NonprofitsPublic Employees Credit Union

Public Employees Credit Union

AUSTIN, TX

Total revenue

$17.9M

Total expenses

$12.3M

Net assets

$52.0M

Grants received

EIN

741196893

Tax year

2024

Mission

Public Employees Credit Union is a cooperative financial institution that is owned and controlled by its members and is operated for the purpose of promoting thrift and providing credit and other financial services to its members.

Programs

2 programs

Public Employees credit union offers Money Market accounts to its members. These accounts pay a higher dividend than a typical savings or checking account as long as the monthly balance minimum requirement is maintained. Interest is paid and compounded monthly.

Public Employees Credit union offers Regular Share accounts to its members. Regular Share accounts are required for membership. These accounts receive a quarterly dividend as declared by the Board of Directors. The dividends are paid as long as minimum balance requirements are met.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$12.7M
Investment income$5.2M
Other revenue
Total revenue$17.9M

Expenses

Grants paid
Salaries & benefits$5.0M
Fundraising
Other expenses$7.3M
Total expenses$12.3M
Total assets$429.8M
Net assets$52.0M

People

14 listed

NameRoleCompensation

Gary Whitcomb

President/CEO

Board

$322K

40 hrs/wk

Marc Broddrick

SVP/CFO

Board

$186K

40 hrs/wk

Catherine DeStasio

Director

Board

1 hrs/wk

Claire McGuinness

Chair

Board

1 hrs/wk

Patrick Marotta

Vice Chair

Board

1 hrs/wk

Tommy Gregg

Secretary

Board

1 hrs/wk

Jennifer Soldano

Treasurer

Board

1 hrs/wk

Lanny Wadle

Director

Board

1 hrs/wk

Jeffery Smoot

Director

Board

1 hrs/wk

Andrew Curtin

VP - Information Technology

Staff

$149K

40 hrs/wk

Merrily Porter

General Counsel

Staff

$148K

40 hrs/wk

Scott Murphy

Vice President - Marketing

Staff

$122K

40 hrs/wk

James Patterson

Vice President - Operations

Staff

$109K

40 hrs/wk

Sheri Sconce

VP - Financial Services

Staff

$104K

40 hrs/wk

Independent contractors

Jack Henry & Associates

Core System, Card Processing

$614K

Certified Funding

Indirect Mortgage Originator

$536K

FreeIT Data Solutions

IT Services & Solutions

$244K

Covert Bastrop

Indirect Auto Dealer

$170K

Lanvera

Statement & Tax Form Processor

$155K

Details

EIN741196893
Subsection14
Ruling date1976-06
Formed1952
Employees92
Volunteers7
PUBLIC EMPLOYEES CREDIT UNION — Mission, Financials & Grants Received | Grantivo